Fixed deposit | Namibia Mobile Site
Fixed deposit

Fixed deposit

A fixed deposit is an investment account where money is deposited for a fixed period and interest does not fluctuate.


  • N$500 minimum investment
  • 33 days to five years investment period time you can choose from
  • Pick-a-date feature:  choose the date on which you would like your investment to mature
  • The interest rate is fixed for the full period of your investment
  • You can't add to your investment 
  • You cannot withdraw funds from your fixed deposit account during the period of the investment
  • Interest is paid monthly, quarterly, annually, or on maturity
  • Senior citizens (aged 60 and over) with under N$100 000 qualify for special interest rates
  • If you have a Standard Bank Auto bank card you may open and manage your electronic fixed deposit account using Internet banking, Auto plus or by phoning our Customer Contact Centre on 081 9286
  • On these accounts:
  • Interest is only paid out monthly or when your investment matures
  • Balances above N$100 000 qualifies for special rates
  • Your investment period options are limited to 3, 6, 12, 18, 24, 36, 48 and 60 months
  • By linking your existing fixed deposit account to your Standard Bank Auto bank card you can manage your account using Internet banking, Auto plus and the Customer Contact Centre


  • No monthly management fee is charged 
  • No maximum balance limit
  • Funds available upon maturity
  • The deposit amount is fixed during the investment period
  • Investment rate remains constant during investment period